Lars P. Syll — Damon Runyon’s Law

Robert Solow destroys economics as a hard science. Of course, he is not alone in this. Heterodox economists have been pointing this out for a long time, and so have observers from other disciplines looking in. And this is not the only reason. For example, key terms are poorly specified as shown by the Cambridge capital controversy that Solow was involved in with Samuelson on the losing side.

Business schools figure this out some time ago and switched to the case method.

Lars P. Syll’s Blog
Damon Runyon’s Law
Lars P. Syll | Professor, Malmo University

See also

Adam Curtis video

Economics — nothing but an ideological paranoia

Philip Pilkington — To What Extent Is Economics an Ideology and to What Extent Is It a Useful Theory?

Short lead in to forthcoming book.

Naked Capitalism
To What Extent Is Economics an Ideology and to What Extent Is It a Useful Theory?

Philip Pilkington
Crossposted at PPs blog, Fixing the Economists